 Can i claim my fiancee's 2 sons on my tax return to claim the EIC? |
| He has full custody and they have lived with us for over the past 2 years, however i did not claim them last year. I have been their main provider for 2006 as their father has not worked, and their ... |
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 Is an insurance settlement considered taxable income? |
| Wife was in an auto accident. Our attorney negotiated a small settlement with the insurance company. IRS claims we owe tax on the settlement because our attorney reported the settlement amount as ... |
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 My boyfriend makes about 39k annually, will he get more this year for claiming me if we're married? |
| And how will that affect our child tax credit for our two kids, because i don't have an income?... |
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 Is "Cancelled Debt" Income subject to Self-Employment Tax? |
Additional Details
This was a personal loan. Both my husband & I were self-employed at the time. However, this was a personal loan from my father-in-law (Before anybody jumps on ... |
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 Pan Pan Peanut Butter, I feel that it is not right to just throw the jar away without? |
| some type of reimbursement. It is like throwing money away and I am not that rich where I can throw money away. I purchased the jar at the Ft Sill Commissary. I purchase peter pan peanut butter on a ... |
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 Independent tax preparer? |
| Can one take the tax prep classes from H&R Block or Jackson Hewitt and, instead of working for them preparing returns, start up a tax prep business of their own? Is there a commitment to these ... |
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| Any site for tax return? |
| may be return for my ... |
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 If work exspenses are tax deductible, can I claim gas money? |
Additional Details
gas is an expense, that I wouldnt need except for ... |
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 Who can garnish tax return? |
| can unpaid court fees be taken from tax return?... |
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| What is the benefit of income tax? |
benefit of the income tax and it's advantage to us
Additional Details
Where can I get more information about the benefit of income ... |
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 Can you get in trouble if you file your taxes as single but you are actually married? |
If the IRS finds out, would you be subject to owe anything? What would happen to someone that has done this for up to 15 years? He lives in Texas and for the last 5 years has worked in Oklahoma.
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 Would Americans be willing to pay a high gas tax instead of Income Tax? |
| A high gas tax would be an incentive to conserve gas and oil. THis would help kick our dangerous oil addiction and total dependence on very unstable and nations that hate us. So would you welcome a ... |
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 My wife and I both claim zero on our taxes yet we will owe $2,600...why? |
| Ok, so, last year we both claimed 2 and ended up owing $3,000 in state and federal tax combined. So we immediately changed our withholding to zero for state and federal. However, looking at our ... |
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 Should I file my own taxes online? |
Hi all, im not sure if I should go to Hrblock to do my taxes this year, as I have done in the past. I dont have any dependents and my wife and I claim married 0 all year.
Should I keep going to ... |
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 Can I claime my niece on my taxes? |
Can i claime my niece she was born today. my sister have not work for a whole year and would like for me to claime her on my taxes since she does not work. will this be a problem?
Additional D... |
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montero | If two sisters are purchasing a home and both have dependents, can they each file as head of household? |
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Suzy Cutes
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Yes, for each of their own families. "Household" mean family unit, not the number of people or families living in a house. As each of them has their own dependents, each sister is the head of their individual household. As far as the tax benefits for the mortgage, they either split it, or the "household" with the higher income claims it. |
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viajero_intergalactico
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you know, I know of this two ladies who rent bendrooms in a house. They didnt even know eachother when moved in together. The owner just collects 750 rent from each. Each women has a child and pays all their personal household needs. The owner who lives in the front house pays all the property tax, water, electricity, etc...
They have no idea how much the other spends in food, shampoo, etc...
I do know that each always files as head of household and they use the same address.
will one be disalowed? i think not. |
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Franco
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Yes. House ownership has no bearing on the matter. If you have different sets of dependents, you are heads of different households |
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Omaha 8/b
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Yes they can. Each is the head of their own household. The physical residence has nothing to do with it. |
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Dave T
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I believe both sisters can file as Head Of Household on there income tax returns. This was not always the case but I am pretty sure this law changed 3 or 4 years ago. My advise is to have the returns prepared by a tax professional and bring up this question with them.
You can also visit www.irs.gov for more information. Check out Publication 17, it good and has lots of information in plain english. |
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bostonianinmo
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Head of Household filing status is limited to the person who pays MORE than half of the cost of maintaining the home. Two people CANNOT each pay more than half of the cost. Therefore only ONE of them can file as Head of Household.
Now, if the house is a two-family home and they each live in separate units in the home then they both CAN file as Head of Household. However it better be a TRUE two-family home as the IRS does investigate multiple claims of HoH filing status from the same physical address. |
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Gary
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Not from the same house. Only one of you can. Who pays the most bills? |
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rickyroo58
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Remember, being the head of the household and filing as Head of Household (HOH) are not the same thing. There is only one HOH filing status per home. Check out the rules in IRS Pub 17. |
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ericka t
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no unless u file jointly and u have to be married to do that i got audit like that because me and my dad file head of household with the same address and he was able to prove that he was head of household |
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